What will winter bring?13 Sep 2024 17:40
The northern hemisphere summer has not yet officially finished, but United States natural gas markets are already sizing up supply and demand balances for this winter and the next year, and indicate that sharply higher prices may emerge.
The bullish outlook in forward markets contrasts with a fairly downbeat mood in U.S. gas markets so far in 2024.
Gas use is also set to scale new heights going forward. Power production, industrial processes and liquefied natural gas (LNG) exports are the key drivers of U.S. natural gas use.